Wednesday, October 13, 1999
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Industrial output rises 6.3% in August

Basic and capital goods and consumer durables pushed up the index of industrial production for August by 6.3% as compared to the 4.4% of August 1998-99.

Court clips TRAI's wings on licence, stays MTNL notice

In a double blow to the Telecom Regulatory Authority of India, the Delhi High Court said the regulatory body does not have powers to give directions to the government on issuing licences to basic telecom services providers.

Recovery falters in Q2

Despite the rise in the Index of Industrial Production in the April to August period, there are looming signs that the economic recovery could be running out of steam.

Elections 99

DMK word paves way for Sinha's third innings

Corporate India looks set for rejoicing today as Yashwant Sinha is virtually certain to keep the crucial finance portfolio. This became clear after the DMK publicly declared that it was not pitching for the finance portfolio.

Air-India's asset value put at Rs 12,000 cr

An internal valuation of assets of Air-India, quietly undertaken ahead of a divestment programme, has put the total value of the airline's assets between Rs 10,000 crore and Rs 12,000 crore.

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Executive Briefings

bullet.jpg (687 bytes) Polaris Software first-half net profit vaults 235 per cent to Rs 17.03 crore

bullet.jpg (687 bytes) Post rights, Tatas stake in ACC rises to 14.41%

bullet.jpg (687 bytes) Satyam Computer's Q2 net jumps 67% to Rs 30.74 cr

bullet.jpg (687 bytes) Hero Honda Q2 net spurts 44% to Rs 42.8 cr; sales soar to Rs 550 cr

bullet.jpg (687 bytes) Zee Telefilms net jumps 33.7% in first half

bullet.jpg (687 bytes) Mastek's first-quarter profit zooms 9-fold to Rs 5.72 crore


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